How to Turn Depreciation into Cash Flow: The Power of Cost Segregation

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Inside BS Show

Dave Lorenzo

947 episodes

5 days ago

Would you like to work with better clients, make more money, and build a business that gives you true freedom? Have you struggled with the loneliness that comes with working long hours and solving the dozens of complex problems you face as an entrepreneur? Do you ever feel like the most valuable business secrets are shared behind closed doors—where only insiders have access? Welcome to The Inside BS Show—your daily invitation to step behind the velvet rope and into the room where real business leaders talk strategy, success, and scale. These are your people. They've been where you are, and they've gone where you want to go. But most importantly, they feel your pain and can help it go away. If you're an entrepreneur, CEO of a private company, or leader of a professional firm, this show is your secret weapon. On each show we break down the business growth strategies that insiders use to win—revenue generation, building influence, succession planning, hiring top talent, navigating legal minefields, and crafting an exit strategy that maximizes value. But this isn’t just a podcast—it’s a community. We don’t just talk at you; we bring you into the conversation. Your host, Dave Lorenzo (The Godfather of Growth), gives you an exclusive front-row seat to the insights, strategies, and behind-the-scenes conversations that drive business success. A new episode drops each Wednesday at 6 AM. Want to connect with Dave? Call (305) 692-5531. What are you waiting for? Join us ON THE INSIDE.

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How to Turn Depreciation into Cash Flow: The Power of Cost Segregation | 943

Inside BS Show

34 minutes

1 month ago

How to Turn Depreciation into Cash Flow: The Power of Cost Segregation | 943

In this episode of The Inside BS Show, Dave Lorenzo interviews Lester Cook, a cost segregation expert and partner at KBKG, to uncover one of the most powerful — and underutilized — tax strategies available to real estate investors and property owners.

Cost segregation isn’t a loophole. It’s a legitimate, IRS-approved way to accelerate depreciation and save millions in taxes. Lester explains how his firm helps clients identify and reclassify building components for faster write-offs, turning a single property purchase into a massive tax-saving opportunity.

What You’ll Discover Today:

What cost segregation really is and how it works
Why property owners can write off up to 25% of a building’s value in the first year
How to know if your property qualifies for a cost segregation study
The difference between a good candidate (buy-and-hold investor) and a bad one (flippers)
Why most CPAs partner with cost segregation experts instead of doing it themselves
How KBKG helps both large corporations and small investors unlock tax savings
How states like Illinois and California handle bonus depreciation differently
How CPAs can collaborate with Lester’s firm to deliver more value to their clients

Key Takeaway:
Cost segregation is one of the smartest legal strategies for reducing tax liability and improving cash flow for anyone who owns or invests in real estate. If you’ve bought commercial or rental property in the past decade and haven’t done a cost segregation study, you may be leaving serious money on the table.

Connect with Lester Cook:
Website: www.KBKG.com

Email: Lester.Cook@KBKG.com

Phone: (312) 248-7347

Buy the 60 Second Sale Book:
https://www.amazon.com/60-Second-Sale-Ultimate-Relationships/dp/1119499763

About The Inside BS Show:
Hosted by Dave Lorenzo, The Inside BS Show gives you the inside business secrets behind how successful professionals grow profits, build relationships, and increase enterprise value.